NEW ORLEANS — Former Mayor C. Ray Nagin of New Orleans was found guilty on Wednesday of accepting payoffs for city contracts, becoming the first mayor in the city’s history to be charged and convicted of corruption.
The jury, deliberated for about six and a half hours in total before finding Mr. Nagin, 57, the Democratic mayor for two terms and the face of the city’s leadership during the Hurricane Katrina disaster, guilty in 20 of the 21 counts against him.
Live coverage of the last day at trial by the Times-Pic.
Nagin will remain free on bond awaiting his sentence. He will have to submit to home monitoring.
Now, if you could just work in some banksters and possibly a hedge fund manager or two…